Archive for January 2nd, 2012

DSEF & CBBB: Helping Small Business Owners Manage Credit Wisely

DSEF & CBBB: Helping Small Business Owners Manage Credit Wisely

Today’s highlighted blog post from the Council on Better Business Bureaus (CBBB)

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Helping Small Business Owners Manage Credit Wisely

BBB and Capital One Managing Credit – Made Simpler Partnership to offer businesses tailored advice and easy-to-follow tips online for free

“Faced with the realities of the economic downturn, millions of small businesses have been forced to take a second look at their finances, including examining their spending habits and how they use credit,” said Stephen A. Cox, President and CEO, Council of Better Business Bureaus. “Regularly examining your business’s finances, including how and why you use credit, is important. BBB’s Managing Credit – Made Simpler provides easy-to-follow tips, checklists, and advice compiled to help small businesses better handle and successfully build their business’s credit record.”

DSEF and Council on Better Business Bureaus (CBBB) fosters honest and responsive relationships between businesses and consumers—instilling consumer confidence and advancing a trustworthy marketplace for all.

About the Better Business Bureaus
As the leader in advancing marketplace trust, Better Business Bureau is an unbiased non-profit organization that sets and upholds high standards for fair and honest business behavior. Every year, more than 87 million consumers rely on BBB Business Reviews® and BBB Wise Giving Reports® to help them find trustworthy businesses and charities across North America. for more information.

Using Clubs to Build Your Business

Using Clubs to Build Your Business

We all know that networking is an essential part of growing a business. Using clubs is a fun and effective way to network, develop relationships and build your business. For example, if you sell books, it would make great sense to start or join a book club. The goal is to gather likeminded people together, nurture relationships, and help increase business by using a social setting. Consider people in your target market, in your local community and current customers. Here are some club ideas to start or join.

  •  Book clubs – If you’re an avid reader, finding a book club will be easy and fun. You’ll be interacting with people who share your interests and also building a rapport as you gather with them on a regular basis (most book clubs meet once or twice a month).
  • Exercise clubs – Whether you’re into running, yoga, swimming, or the like, start an in-home or join a fitness club. Running a business is bound to pile on the stress, so decompress with some physical activity.  What better way to multitask then to exercise, share your opportunity and network simultaneously?
  • Moms clubs and/or playgroups – If you’re a parent of young children, this will benefit both you and them.  Playgroups are usually informal get-togethers either at someone’s house or a recreation center where the children have unstructured playtime; they also allow for the parents to socialize with each other.  For example, if you are a stay-at-home mom, you’ll be surrounding yourself with other moms in the same situation.  It’s an effective way to learn about the interests of others and share your own personal and professional interests.  For those that work outside the home during the day, many areas have playgroups that meet one evening a week.  Try a website like Meetup or Craigslist to find what is locally available.
  • Scrapbooking/craft clubs – If you enjoy arts and crafts, consider taking up scrapbooking.  You undoubtedly have a box of pictures somewhere that have never quite made it into an album, or perhaps you have hundreds of pictures still taking up space on your memory card.  Find a scrap-a-thon in your community where you can network while participating in a fun activity.  You’ll be able to share personal interests as you work with others who are displaying pictures of family and friends.  Scrapbooking can be an easy way to break the ice and introduce yourself to others.

Whatever kind of club you choose to network and build your business, it is important that you keep it social and enjoyable.  Your enthusiasm for the activity will help others get to know you, while you make new friends who may be able to help you in building your business.  Joining clubs not only leads you to build relationships and increase your network, but it gets you and your business involved in the community.  What are some of your ideas for using clubs to build your business?  Share with us in the comments section below!

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